World Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared 2 years ago The Bank of England on Thursday hiked interest rates by 50 basis points. Continue Reading Previous Oil giant Shell posts highest-ever annual profit of $40 billionNext Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared More Stories World Tesla’s Optimus humanoid robots hit by China’s rare earth restrictions, says Musk 10 mins ago World CNBC Daily Open: Trump, Bessent and Musk give markets the reassurance they need 10 mins ago World Child among at least 10 killed in Israeli attack on school shelter in Gaza 1 hour ago Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website